The high-rolling gambler who helped topple an international drug smuggling ring trafficking large shipments of cocaine into Australia claims a woman is the new target of the ongoing FBI-NSW Police operation.

R.J. Cipriani, an FBI source codenamed "Jackpot", told nine.com.au that despite dozens of arrests in Australia and the US, including a Californian cocaine kingpin, that "it is not over".

"There's going to be more people dropping," Cipriani said.

"One thing I can guarantee you, the feds didn't get everybody. I guarantee you there is more to come."

Cipriani identified a woman he claimed was now in the crosshairs of the FBI.

McManus, who pleaded guilty to attempting to pervert the course of justice, and three men had been allegedly linked to a suitcase stuffed with $702,000 discovered in 2011 by NSW Police in a Sydney hotel room.

NSW Police, investigating alleged drug trafficking between Mexico, the US and Australia, would later make a series of other raids in Sydney and Newcastle, including the arrest of a figure known as Dr Octopus 88.

As Strike Force Fairlawn gathered momentum, Rio Tinto executive, Bennet Schwartz, and a University of Newcastle business student, Craig Phelps, were accused of being part of an international drug syndicate.

Jonathan Fagan (left) and Bennet Schwartz (right) are accused of being part of an international drug syndicate. Source: Facebook ()

A Blackberry mobile in Schwartz's possession allowed police to hijack the phone's messaging app to track down Dr Octopus, according to court records.

Last September, a Double Bay man named Jonathan Fagan, 31, was also caught by the Strike Force Fairlawn operation.

Police accused Fagan of smuggling up to 160kg of cocaine into Australia in 16 shipments, allegedly orchestrated by Owen Hanson's US operation.

Fagan's lawyer has said his client would be fighting all the charges.

Cipriani claimed some suspects in the US and Australia must be "flipping", pointing to the pattern of ongoing arrests.

"You've seen this one and that one. Clearly there are people rolling on other people," Cipriani told nine.com.au.

"It is not over."

Cipriani, a high rolling US gambler known as Robin Hood 702, was used by Hanson in an attempt to allegedly launder huge sums of money in Sydney's Star City casino.

But, in 2011, Cipriani lost $2.5m over several days on the Star City black jack tables.

When he returned to Los Angeles empty handed, Hanson blew up and demanded Cipriani pay back the missing millions.